LegrandMEX:LR 84 Pretax Margin % is 17.90% as of Mar. 2026, which is 1% above its 10-year median of 17.65. GuruFocus rates MEX:LR with a GF Score™ of 84/100 and a GF Value™ of MXN1,913.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,038 Industrial Products companies, Legrand ranks better than 87.26% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Legrand's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN9,471 Mil. Legrand's Revenue for the
three
months ended in Mar. 2026 was MXN52,901 Mil. Therefore, Legrand's pretax margin for the quarter that ended in Mar. 2026 was 17.90%.
The historical rank and industry rank for Legrand's Pretax Margin % or its related term are showing as below:
MEX:LR'
s Pretax Margin % Range Over the Past 10 Years
Min: 15.77 Med: 17.65 Max: 18.41
Current: 17.83
MEX:LR's Pretax Margin % is ranked better than 87.26% of 3038
companies
in the Industrial Products industry
Industry Median: 5.85
vs MEX:LR: 17.83
Legrand (MEX:LR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Legrand Pretax Margin % Related Terms
Legrand Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Legrand's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:LR vs VRT, BE, NVT: Pretax Margin % Comparison
For the Electrical Equipment & Parts subindustry, Legrand's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Legrand Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Legrand's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Legrand's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Legrand (MEX:LR) has a Pretax Margin % of 17.90% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Legrand and its competitors. This is near median its historical median of 17.65. Over the past decade, Legrand's Pretax Margin % has ranged from 15.77 to 18.41. According to the industry distribution chart, Legrand ranks #387 out of 3038 companies in the Industrial Products industry, placing it in the top 12.7%.
Is Legrand's Pretax Margin % too high?
Legrand's current Pretax Margin % of 17.90% is near median its 10-year median of 17.65. Over the past 10 years, this metric has ranged from a low of 15.77 to a high of 18.41. The Industrial Products industry median Pretax Margin % is 5.85. Legrand's value of 17.90% is 206% above this industry median. Based on the distribution chart, Legrand ranks #387 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Legrand has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legrand's Pretax Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Legrand ranks #387 out of 3038 companies for Pretax Margin %. This places Legrand in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. Legrand's value of 17.90% is 206% above this benchmark. Historically, Legrand's own Pretax Margin % has ranged from 15.77 to 18.41 over the past decade. While the company's 10-year median is 17.65 vs. the industry median of 5.85, Legrand has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,038 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legrand's current Pretax Margin % of 17.90% is 206% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Legrand and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legrand's current Pretax Margin % is 17.90%, which is near median its own 10-year median of 17.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legrand stock overvalued right now?
Based on GuruFocus' analysis, Legrand (MEX:LR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,913.38, compared to a current price of MXN3,065.30 — trading 60.2% above its estimated fair value. The current Pretax Margin % is 17.90%, which is near median its 10-year median of 17.65 and 206% above the Industrial Products industry median of 5.85. Legrand's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Legrand (MEX:LR), the current Pretax Margin % is 17.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Legrand (MEX:LR) Overvalued in 2026?
Based on GuruFocus' analysis, Legrand stock appears to be overvalued.
The current stock price of MXN3,065.30 is trading 60.2% above its estimated GF Value™ of MXN1,913.38.
GuruFocus considers Legrand to be Significantly Overvalued.
Key valuation signals for MEX:LR:
Pretax Margin %: 17.90% (near median its 10-year median of 17.65)
GF Value™: MXN1,913.38 vs. price of MXN3,065.30 (60.2% above fair value)
Industry Position: 206% above the Industrial Products median (#387 of 3038)
No single metric tells the full story. See the MEX:LR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and commercial (40%) buildings, as well as data centers. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors. North America and Europe each account for 40% of group sales.
84GF Score
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